Diversity is the order of the day with this equestrian and olive farm.

R 24,000,000

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13 days ago41 views
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General Details
For Sale By:Agency
Description
When you love what you do it’s not work … I got to spend my morning on this 64-hectare farm just outside of Paarl on the Paardeberg Mountainsides.   Moments off a tar road with its own forest, mountain spring and endless wildlife … it’s a setting from Out of Africa with granite outcrops from an ancient land.    If the sky is willing, one will enjoy views across to Table Mountain guarding her mother city.  The call of a Fish Eagle will send your senses on a journey......  This African farm has endless opportunities; 3 homes, a manager's cottage, equestrian infrastructure, olive plantations and fertile terroir for diverse income opportunities.
Key Property Information Total extent: 64.3672 Hectar.  Water is stored in two earth dams, as well as a 100,000 litre reservoir and 2x 10,000 litre tanks close to the main homestead.  A comprehensive system of pumps and pipelines supplies water to the stables, paddocks and gardens. Motherlines feed water to a sprinkler system for irrigating the 30 ha of paddocks. Rainfall in the area averages 860 mm per year. Well-established and located centrally between Paarl, Wellington, Malmesbury and Durbanville, close to the R44. It consists of a single title deed. The farm is set in a predominantly agricultural area but is only a 15 min drive from all kinds of amenities in towns nearby. An automated access gate, with a camera, opens to a tree-lined road, with well-kept, rolling lawns and paddocks flanking it. Breakdown in land use is: Paddocks - 30 ha Training track, water storage, buildings, gardens, roads and undeveloped land - 30.2 ha Olive groves - 4.2 ha Equestrian facilities include grassed paddocks, a lunge ring, and a training track. All paddocks and roads are soft underfoot. The training track covers approximately 1800 meters, starting on flat land, before ending in an incline. There is space to add a sand track next to it. Farming infrastructure includes a total of 77 stables [5 larger stables for foaling down] in two well-built, sturdy barns of 820 m2 and 460 m2, respectively. A vet room, freestanding office with lounge and kitchen [100 m2], feedstore [400 m2], open-sided shed [ 260 m2], workshop and storerooms complete the farming infrastructure. Although the majority of the facilities are suited for keeping this property as a breeding and boarding stud, it lends itself to be used as a nursery, wine or olive farm, or a combination of enterprises. This could include converting part of the farm into an events venue, with conference facilities and guests accommodated in re-purposed building Water rights equal to 35 ha are registered with the Berg River Irrigation Board, the annual cost being R180,000. Of these, 10 ha of water are not currently being used, and can be applied to irrigate remaining, undeveloped arable land.
An Eskom line and 3x 50 kVA transformers are available. The annual electricity bill currently equals ± R200,000. The complete farm has beautiful views over the mountains in the distance, th...

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Property Reference #: 7002001-45857

Agent Details:
DEBBRA-LYN Van Niekerk
EXP Realty
South Africa
13 Nankies Nook
Eldoraigne , Eldo Park Estate ,
157
Id Subtitle 1274199491
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Estimated monthly repaymentR 260,090
Total property loan amountR 24,000,000
Total interestR 38,421,527
Total repaymentR 62,421,527
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